Greetings fellow frogs! Few hours til Jerome moves the market again :)
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: -1.9% to $1.07T.
$BTC: -1.3% to $21,353.09, and a market cap of $408.5B.
$ETH: -3.2% to $1,654.26, and a market cap of $198.9B.
Gold: $1,759.20
Oil (WTI): $93.79
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Voyager $VGX +110.4%
-Rai Finance $SOFI +60.6%
-Komodo $KMO +41.1%
Down:
-Insure Defi $SURE -22.2%
-Bluzelle $BLZ -19.0%
-TracerDAO $TCR -16.0%
Spotlight
@landxfinance released their newest Medium article (see below). Again, LandX is a interesting RWA (productive farmland) protocol, who we’re partnering with to spread awareness regarding their upcoming Q4 launch.
Biggest TVL Movers
Chains are relatively mixed today. Tron (#2) is now more than 10% bigger than BSC (#3) in TVL. Among top 25 chains, 6 are green on the weekly, including Tron (#2), BSC (#3), Arbitrum (#7), Osmosis (#17), Elrdon (#20), and EOS (#22).
Protocols are pretty red today. Biggest gainers on the weekly are Stargate (#17) at +57%, Vector Finance (#73) at +35%, and EOS Rex (#95) at +28%.
Here’s The Top 12 Chains By TVL (from @defillama):
Here’s The Top 12 Protocols By TVL (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
New Protocols
(note: this is checked via a variety of sources (listed below when used) and general Twitter research - note: this excludes Tomb forks and reflection tokens and tries to only include at least semi-legitimate defi-oriented stuff, but DYOR)
-New leveraged yield farming protocol on BSC called @BakerDeFi launching in next couple days.
-New lending platform called @forlend_finance is launching in three days on ‘Findora Chain’, and is apparently the chain’s first lending protocol.
-New Dogechain dex called @BorkFinance.
-New yield aggregator on Klaytn launching tomorrow called @KumuFinance.
-Something new called @Aligned_co that’s followed by quite a few gigabrained mutuals:
-New protocol called @ZeitgeistPM working towards launch. Twitter bio states: “Predictions markets software built on @Polkadot…secured as a parachain on @kusamanetwork… Protocol governed by prediction markets aka ‘futarchy’”.
-New multichain yield aggregator called @AstroLabFinance built on @LayerZeroLabs:
-New amm called @nulswap on what must be the ‘Nuls’ blockchain(?):
-Some kind of new protocol on Arbitrum called @KarshaPana.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding a rugpull on @NFTCrossChain aka $CRC; and Discord hacks of @ovrnft and @metalegendsnft and @ProjectKaitu.
-Stablecoin $USDN depegged to $0.91 several hours ago (h/t @PeckshieldAlert). @CoinGecko now showing at $0.96.
-$rETH at 0.79 $ETH (h/t @PeckShieldAlert)
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ tvl and no-IL and single-exposure only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Powell speaks at Jackson Hole today:
-New SIP to end $SNX inflation at 300m tokens ten weeks from now:
-Europe’s energy woes deepen:
-NFT volumes continuing to decline:
-Interesting stats on discussion of “real yield” on Twitter:
-Oil looking strong despite downward pressures:
-Bitcoin miner capitulation info:
-@SergeyNazarov did a Twitter spaces today (below along with @ChainLinkGod thread with synopsis/thoughts on it):
-@PlutusDAO_io appeared on @TheBerryPodcast today (click link in below tweet to listen to replay on YouTube):
-@AngleProtocol alfa?
-@redactedcartel coming to Arbitrum:
-@DefiDave22 released an excellent article:
Conclusion
Have a good one friends!
And if you found this helpful please RT/follow/etc! We appreciate it tremendously!